Matthew Charles Brown - 01 Mar 2023 Form 4 Insider Report for Altair Engineering Inc. (ALTR)

Role
Chief Financial Officer
Signature
/s/ Raoul Maitra, attorney-in-fact for Matthew Brown
Issuer symbol
ALTR
Transactions as of
01 Mar 2023
Net transactions value
-$221,972
Form type
4
Filing time
03 Mar 2023, 11:54:58 UTC
Previous filing
18 Jan 2023
Next filing
17 Jul 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALTR Class A Common Stock Sale $138,724 -2,173 -5.7% $63.84 35,925 01 Mar 2023 Direct F1
transaction ALTR Class A Common Stock Sale $22,216 -348 -0.97% $63.84 35,577 01 Mar 2023 Direct F1
transaction ALTR Class A Common Stock Sale $61,031 -956 -2.7% $63.84 34,621 01 Mar 2023 Direct F1
transaction ALTR Class A Common Stock Award $0 +8,250 +24% $0.000000 42,871 02 Mar 2023 Direct F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ALTR Stock Option (Right to Buy) Award $0 +20,625 $0.000000 20,625 02 Mar 2023 Class A Common Stock 20,625 $65.19 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 23,750 Class A Common Stock restricted stock units that are unvested.
F2 On March 2, 2023, the Reporting Person was granted 8,250 Class A Common Stock restricted stock units, which vest in 4 equal annual installments commencing March 2, 2024.
F3 Includes 32,000 Class A Common Stock restricted stock units that are unvested.
F4 On March 2, 2023, the Reporting Person was granted 20,625 Class A Common Stock options, the options vest in 4 equal annual installments commencing March 2, 2024.